Browsing Working Papers by Title
Now showing items 131-150 of 334
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Gas Balancing Rules Must Take into account the Trade-off between Offering Pipeline Transport and Pipeline Flexibility in Liberalized Gas Markets
(MIT Center for Energy and Environmental Policy Research, 2010-09)This paper analyses the value and cost of line-pack flexibility in liberalized gas markets through the examination of the techno-economic characteristics of gas transport pipelines and the trade-offs between the different ... -
Gasoline price spikes and regional gasoline context regulations : a structural approach
(MIT Center for Energy and Environmental Policy Research, 2004)Since 1999, gasoline prices in California, Illinois and Wisconsin have spiked occasionally well above gasoline prices in nearby states. In May and June 2000, for example, gasoline prices in Chicago rose twenty eight cents ... -
Gasoline Prices, Fuel Economy, and the Energy Paradox
(MIT Center for Energy and Environmental Research Policy, 2010-03)It is often asserted that consumers purchasing automobiles or other goods and services underweight the costs of gasoline or other "add-ons." We test this hypothesis in the US automobile market by examining the effects of ... -
A general equilibrium analysis of the effects of carbon emission restrictions on economic growth in a developing country
(MIT Center for Energy and Environmental Policy Research, 1990)A general equilibrium approach, in the form of a multisector, intertemporal programming model, is used to analyze the effects on the growth of the Egyptian economy of carbon emissions constraints that differ across sectors ... -
The geographic expanse of the market for wholesale electricity
(MIT Center for Energy and Environmental Policy Research, 1998)This paper exploits a large mine-level database to contribute to our understanding of the micro-sources of productivity growth. The database contains observations for labor input and coal output at every mine in the United ... -
Global warming : a public finance perspective
(MIT Center for Energy and Environmental Policy Research, 1993) -
Grandfathering and the Endowment Effect An Assessment in the context of the Spanish National Allocation Plan
(2008)In this paper, we test the Coase theorem in the context of carbon emissions trading. We investigate whether generating firms were influenced in their operational decisions by the initial amount of grandfathered emissions ... -
Greenhouse policy architectures and institutions
(MIT Center for Energy and Environmental Policy Research, 1996) -
Growth and welfare losses from carbon emissions restrictions : a general equilibrium analysis for Egypt
(MIT Center for Energy and Environmental Policy Research, 1992)This paper is an assessment for a particular country, Egypt, of the economic effects, under various conditions, of carbon emission restrictions. Like other work, it is an exemplification of some of the economic possibilities. ... -
Hit or Miss: Regulating Derivative Markets to Reduce Hedging Costs at Non-Financial Companies
(MIT CEEPR, 2012-01)Derivative markets are an important tool enabling non‐financial companies to reduce their risk and manage their financing. Effective regulation of these markets can lower companies hedging costs and help improve productivity. ... -
Household gasoline demand in the United States
(MIT Center for Energy and Environmental Policy Research, 1995)Continuing rapid growth in U.S. gasoline consumption threatens to exacerbate environmental and congestion problems. We use flexible semiparametric and nonparametric methods to guide analysis of household gasoline consumption, ... -
Implementing environmental taxes on intemediate goods in open economies
(MIT Center for Energy and Environmental Policy Research, 1994)Many proposed and actual environmental taxes are taxes on intermediate goods. These goods, such as fossil fuels, are typically tradable, and they are also used in the production of many tradable final goods. How should ... -
The Importance of Research and Development (R&D) for U.S. Competitiveness and a Clean Energy Future
(MIT Center for Energy and Environmental Policy Research, 2011-06) -
Improving Regulatory Performance: Lessons from the United Kingdom
(MIT Center for Energy and Environmental Policy Research, 2011-11) -
Incentive regulation in theory and practice : electricity distribution and transmission networks
(MIT Center for Energy and Environmental Policy Research, 2005)Modern theoretical principles to govern the design of incentive regulation mechanisms are reviewed and discussed. General issues associated with applying these principles in practice are identified. Examples of the actual ... -
Infrastructure investments and resource adequacy in the restructured US natural gas market : is supply security at risk?
(MIT Center for Energy and Environmental Policy Research, 2006)The objective of this paper is to analyze the development of US natural gas infrastructure over the last two decades and to discuss its perspectives. In particular, we focus on the relationship between the regulatory ... -
Inscrutable OPEC? : behavioral tests of the cartel hypothesis
(MIT Center for Energy and Environmental Policy Research, 2003)We show that standard statistical tests of OPEC behavior have very low power across a wide range of alternative hypotheses regarding market structure. Consequently, it is difficult, given the current availability and ... -
An institutional frame to compare alternative market designs in EU electricity balancing
(MIT Center for Energy and Environmental Policy Research, 2007)The so-called "electricity wholesale market" is, in fact, a sequence of several markets. The chain is closed with a provision for "balancing," in which energy from all wholesale markets is balanced under the authority of ... -
Interdependent pricing and markup behavior : an empirical analysis of GM, Ford and Chrysler
(MIT Center for Energy and Environmental Policy Research, 1990)In this paper we show how to adapt the traditional contingent claims valuation techniques to correctly value the firm and its liabilities in the presence of agency costs. This enables us to measure the significance of the ... -
International market integration for natural gas? : a cointegration analysis of priced in Europe, North America and Japan
(MIT Center for Energy and Environmental Policy Research, 2004)We examine the degree of natural gas market integration in Europe, North America and Japan, between the mid 1990₂s and 2002. Our hypothesis is that there was a certain split of prices between Europe and North America. The ...